Nextage Therapeutics Ltd (NXTG) — Defensive Interval Ratio
Nextage Therapeutics Ltd (NXTG) has a Defensive Interval Ratio of 3 days as of December 2024. Defensive assets of ILA46.00K (cash ILA-, short-term investments ILA-, receivables ILA46.00K) cover 3 days of daily cash needs of ILA16.04K/day. Check NXTG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Nextage Therapeutics Ltd Defensive Interval Ratio (2016–2024)
This chart shows how Nextage Therapeutics Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 3 days, meaning defensive assets of ILA46.00K can fund 3 days of operations without new revenue. Also explore Nextage Therapeutics Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Nextage Therapeutics Ltd (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Nextage Therapeutics Ltd from 2016 to 2024, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market value of Nextage Therapeutics Ltd.
| Year | DIR (days) | Defensive Assets (ILA) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 3 days | ILA46.00K | ILA16.04K/day | ILA- | ILA- | ▼ -22 days |
| 2023 | 25 days | ILA253.00K | ILA10.21K/day | ILA- | ILA- | ▲ +22 days |
| 2022 | 3 days | ILA13.00K | ILA4.85K/day | ILA- | ILA- | ▼ -108 days |
| 2021 | 111 days | ILA783.00K | ILA7.05K/day | ILA- | ILA99.00K | ▼ -3 days |
| 2020 | 114 days | ILA470.00K | ILA4.12K/day | ILA- | ILA35.00K | ▼ -40 days |
| 2019 | 154 days | ILA305.00K | ILA1.98K/day | ILA- | ILA122.00K | ▲ +102 days |
| 2018 | 52 days | ILA272.00K | ILA5.19K/day | ILA- | ILA122.00K | ▼ -25 days |
| 2017 | 78 days | ILA302.00K | ILA3.88K/day | ILA- | ILA122.00K | ▲ +29 days |
| 2016 | 49 days | ILA236.00K | ILA4.85K/day | ILA- | ILA- | — |